$900,000
 $4,831 est/mo Sourced by Back At You

718 E Ponce De Leon Avenue,Decatur, GA 30030

Decatur, GA 30030

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Description

Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location

Details

MLS #10857828
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1932
Days On Site9
Listing Provided ByRedfin Corporation | Christopher Rodriguez

Features

BasementY
Story(s)2
Units3
Acreage0.31

Interior

CoolingCeiling Fan(s), Central Air
Cooling Yes / NoYes
HeatingHeat Pump, Natural Gas
Heating Yes / NoYes
Fireplace Yes / NoNo
Fireplaces Total0

Exterior

Construction MaterialsBrick, Vinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes
Parking FeaturesGarage

Utilities

UtilitiesOther
SewerPublic Sewer

Taxes

Tax Annual Amount15752
Tax Year2025

Location

Community FeaturesSidewalks, Near Public Transport, Walk To Schools

Area Information

StateGA
CountyDeKalb
CityDecatur
Zip Code30030
AreaDeKalb
School DistrictDecatur
Elementary SchoolGlennwood
High SchoolDecatur
Listing VS Median (in 30030)
Price:
$900,000
low | high
Med:
$1,100,000
27.777777777778% of Average
On site:
9
low | high
Med:
195
4.615384615385% of Average
Sourced by Back At You

Market Activity 30030

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Learn More About This Property

StateGA
CountyDeKalb
CityDecatur
Zip Code30030
AreaDeKalb
School DistrictDecatur
Elementary SchoolGlennwood
High SchoolDecatur
Listing VS Median (in 30030)
Price:
$900,000
low | high
Med:
$1,100,000
27.777777777778% of Average
On site:
9
low | high
Med:
195
4.615384615385% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $675K - $1.125M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
332 Lockwood Terrace Property Photo 1
$725,000
332 Lockwood Terrace
Decatur, GA 30030
Listing Updated: October 5, 2026 at 8:59:06 AM PDT